Quantum has become a hot topic among researchers, enterprises, and investors worldwide. Undoubtedly, quantum technologies will influence the computing, networking, sensing, and security paradigm. In India, the government is at the forefront of quantum innovation in collaboration with leading research groups and universities. The tech community in India is picking up the pace with global peers and playing a crucial role in translating quantum research into practical business use cases.
In this context, Avasant and NASSCOM have developed a detailed report on India’s quantum development and ecosystem. The report is prepared in consultation with over 25 experts in this field across all stakeholder groups, including technology and service providers, startups, and academic and scientific groups. It offers insights into the current state of the market with respect to quantum technology development, workforce enablement, startup ecosystem and commercial offerings, industry participation, government initiatives, and enterprise adoption.
The unique aspect of this report is that it highlights specific opportunities for India to take the lead in quantum. Furthermore, we have identified areas of improvement in the existing quantum ecosystem and provided detailed recommendations to relevant stakeholders. The report also quantifies the potential of quantum technologies across industries in India and provides the potential impact of quantum on the Indian economy by 2030.
Key findings are as follows:
Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.
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